https://www.taxtmi.com/caselaws?id=380973 The High Court modified the Tribunal's interim stay order to ensure a balanced approach, safeguarding both the Revenue's interest and providing relief to the assessee. Emphasizing consistency in judicial orders, the High Court clarified that the stay application should focus on the royalty issue, not the entire tax liability. The Court adjusted the payment schedule, directing the assessee to pay Rs. 400 crores by 31.03.2019 and the remaining Rs. 75 crores in two installments by 31.05.2019. en-us Fri, 29 Mar 2019 00:00:00 +0530 Sat, 29 Jun 2019 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380973 The High Court modified the Tribunal's interim stay order to ensure a balanced approach, safeguarding both the Revenue's interest and providing relief to the assessee. Emphasizing consistency in judicial orders, the High Court clarified that the stay application should focus on the royalty issue, not the entire tax liability. The Court adjusted the payment schedule, directing the assessee to pay Rs. 400 crores by 31.03.2019 and the remaining Rs. 75 crores in two installments by 31.05.2019. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380973